Top 10 Things to Know About Estate Taxation & Planning 2024
8.00 Credits
Member Price $299
Non-Member Price $399
Overview
Clients believe that estate planning is only for the wealthy. This isn’t the case. Perhaps as a result of the 2020 pandemic, estate planning has a renewed focus. All practitioners should be familiar with the vernacular, acronyms and techniques. Estate planning involves personal issues that affect everyone, even when the estate tax doesn’t apply. Learn strategies to pass assets to future generations; provide education benefits; distribute retirement benefits, and provide a charitable legacy.
Highlights
- The Numbers: Exemptions, exclusions and discounts
- Portability and step-up in basis
- Asset valuation
- Deductions: Marital, charitable, transmission and administration
- Retirement plan assets, annuities and life insurance
- Trust funding and administration
Prerequisites
General knowledge of individual income tax planning and issues.
Designed For
CPAs, financial planners and tax preparers.
Objectives
- Identify latest developments in estate planning
- Determine appropriate strategies and beneficiary designations to maximize after-tax assets
- Recognize issues that require updates to an existing plan, and traps for the unwary
Preparation
None
Leader(s):
Leader Bios
Mary Kay Foss
Mary Kay Foss, CPA, joined Sweeney Kovar as a director in 2010. She has more than thirty years of practical experience in advising clients about retirement, income and estate planning issues. She is a frequent lecturer for community, professional and business groups and has authored and presented courses for tax professionals throughout California.
Non-Member Price $399
Member Price $299